The Post Graduate Programme in Management (PGP) class of the Indian School of Business (ISB) received 2066 offers from 270 companies. The average CTC is ₹34.07 lakh which is an increase of 20.78 per cent compared to last year’s CTC of ₹28.21 lakh.
The top industries in terms of offers were consulting, IT/ITES/technology, BFSI, FMCG or retail, and pharma/healthcare. 929 students. the highest-class size for any MBA or equivalent programme in India, has 39 per cent women students who bagged 41 per cent of offers.
Sector-wise analysis
Consulting firms made 37 per cent of offers this year. Top consulting firms include McKinsey & Company, Bain & Company India Pvt Ltd, Boston Consulting Group, Deloitte India, Deloitte USI, Accenture Solutions Pvt Ltd, Kearney, PricewaterhouseCoopers, PwC AC, ZS Associates, KPMG, Alvarez and Marsal India Private Ltd, LEK Consulting, Arthur D. Little, EY Parthenon Strategy MENA, EY India, among others. Dalberg and Samagra, in the social consulting space, continued their presence at ISB.
This year almost 9.78 per cent of the total offers have come from the BFSI segment. This includes non-BFSI firms hiring for finance roles from ISB. The roles were as diverse as corporate finance, treasury, private banking, investment management, investment banking, chief of staff, EA to CXOs and fintech. Top private and MNC banks such as Axis Bank, Credit Suisse, First Rand Bank, Barclays, Goldman Sachs and Wells Fargo among others vied for talent. Investment banks such as Ambit, Kotak Mahindra Capital Company, and Merisis Advisors participated as well.
PE/ VC firms such as Gaja Advisors, Matrix Partners, W Health Ventures continued to hire from ISB. Companies in the financial services domain such as MasterCard, Nomura and Tresvista Financial Services, also upcoming fintechs made offers for specialised roles such as investment advisory, research, relationship management, and product management.
Almost 26 per cent of total offers came from the IT/ITES/Technology, product, and e-commerce space. Some prominent names include Google, Microsoft, Flipkart, Uber, Cisco, Tata Digital, Jio Platforms, RazorPay, Myntra, Ola Electric, Zynga, Nykaa, Dream11 and Paytm.
Consistent growth
Prof Ramabhadran Thirumalai, Deputy Dean, Academic Programmes, ISB, “Established conglomerates and start-ups alike have made ISB their campus of choice when scouting for high-quality talent. The PGP at ISB has become eponymous with diversity. One of the many reasons recruiters like our students is their ability to get things done. It is gratifying to witness again the faith reposed by our partners in choosing ISB as their campus of choice.”
The differential between pre-ISB and post-ISB salary stands at 173.67 per cent. ISB follows an integrated system of placements process for its two campuses at Mohali and Hyderabad. The entire process was conducted in a virtual mode because of the pandemic.